Singapore Exchange Limited (SGX:S68) today announced the addition of Taiwan-based JihSun Futures Co., Ltd to its list of derivatives market trading members.
The admission of JihSun Futures Co., Ltd takes the total number of Trading Members in SGX’s derivatives market to 50. The derivatives market also has 24 Clearing Members. There are also 11 Clearing Members for OTC-traded financial derivatives on SGX AsiaClear. In the securities market, there are 27 Trading Members and 25 Clearing Members.
Michael Syn, Head of Derivatives at SGX said,
“We are pleased that JihSun Futures has joined SGX as a Trading Member. The participation of JihSun Futures and their network of clients will add to the liquidity in our growing suite of derivatives products.”
Yang Chih Kuang, Chairman of JihSun Futures, said,
“Joining SGX as a Derivatives Trading Member marks a milestone of JihSun Futures’ expansion into Asia’s capital markets. Not only does it strengthen JihSun Futures’ competitiveness, but it also provides a reliable and complete execution service for the customers. We look forward to working with SGX to better service our clients in the future.”
You can view the full announcement from SGX by clicking here.